Sinopec Oilfield Service Corp operates within the Organic fibers, noncellulosic sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Sinopec Oilfield Service Corp with three other
chemical manufacturers in Asia:
Indorama Ventures PCL
sales of 254.62 billion Thai Bahts [US$7.39 billion]
of which 52%
was Solid State Polymerised Chips),
Hengyi Petrochemical Co Ltd
(32.42 billion Chinese Renmimbi [US$4.71 billion]
of which 46%
was PTA), and
Nan Ya Plastics Corporation
based in Taiwan
(275.29 billion Taiwanese Dollars [US$9.13 billion]
of which 35%
was Electronic Products).
During the year ended December of 2016, sales at
Sinopec Oilfield Service Corp were 42.92 billion Chinese Renmimbi (US$6.23 billion).
decrease of 28.9%
versus 2015, when the company's sales were 60.35 billion Chinese Renmimbi.
Contributing to the drop in overall sales was the 44.0% decline
in Special Downhole Operations, from 6.93 billion Chinese Renmimbi to 3.88 billion Chinese Renmimbi.
There were also decreases in sales in
Drilling Engineering (down 32.5% to 19.41 billion Chinese Renmimbi)
Engineering Construction (down 17.5% to 12.88 billion Chinese Renmimbi)
Geophysics (down 32.5% to 3.61 billion Chinese Renmimbi)
Logging and Mud Logging (down 37.8% to 1.54 billion Chinese Renmimbi)
However, these declines were partially offset by the increase in sales of
Unallocated (up 29.5% to 1.62 billion Chinese Renmimbi)